Confidence in the asset-based lending market in the second quarter was driven by hopes of a soft landing for the U.S. economy, according to data released by the Secured Finance Network. But lingering headwinds and recession risks still must be taken...
Read Story
September 28, 2023, 07:50 AM
|
Marriott Vacations Worldwide announced that it has amended its non-recourse warehouse credit facility, expanding its borrowing capacity to $531 million, an increase of $181 million.Lenders include Deutsche Bank AG, Bank of America, N.A., Credit...
Read Story
April 03, 2020, 09:15 AM
|
Two months of dwindling results casting a shadow on NACM’s Credit Managers’ Index (CMI) ended in August with a slow but steady climb in new credit applications and dollar collections in the manufacturing and service sectors. Although each sector...
Read Story
September 04, 2018, 07:24 AM
|
A survey of current trends in U.S. middle market lending revealed substantial and growing concern about the higher amounts of debt leverage carried by middle market companies heading into 2018, and found that less restrictive loan documents are a...
Read Story
January 10, 2018, 07:27 AM
|
Mitsubishi UFJ Financial Group Inc. says it is "evolving" beyond its traditional niche as a financer of energy projects in an effort to take on big lending rivals like Wells Fargo and J.P. Morgan in the market for receivables finance and asset-based...
Read Story
July 12, 2017, 08:00 AM
|
From the second quarter Phoenix Management “Lending Climate in America” Survey, results shows lender confidence on the U.S. economy in the long term continuing to deteriorate.
The Q2 2017 survey continues the recent trend of lenders increasing...
Read Story
May 24, 2017, 07:48 AM
|